Bullish or Bearish? $UTX $SPY $SPX
February 17, 2013
The answer depends only on your time horizon.
Here is a multiple time frame heikin-ashi technical perspective:
- Bullish: haDelta :: SMA(3) crossover
- Tired: See haDelta and its SMA(3) plus the obvious price weakness (top pane)
- Tired: For obvious reasons (see below)